Rogue Hegemons Are Sabotaging the Global Economy
https://www.project-syndicate.org/commentary/us-tariffs-and-chinese-mercantilism-upending-global-trading-system-by-arvind-subramanian-2025-12
Rather than providing global public goods, the United States and China are inflicting global economic costs – in mutually reinforcing ways. Donald Trump's tariffs have exacerbated Chinese mercantilism, and Chinese exports are provoking developing countries to engage in protectionism of their own.
https://www.project-syndicate.org/commentary/us-tariffs-and-chinese-mercantilism-upending-global-trading-system-by-arvind-subramanian-2025-12
Rather than providing global public goods, the United States and China are inflicting global economic costs – in mutually reinforcing ways. Donald Trump's tariffs have exacerbated Chinese mercantilism, and Chinese exports are provoking developing countries to engage in protectionism of their own.
‘A Singularly Turbulent Time’: Deeper Uncertainty in Store for Global Economy